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Procedure on transfer of part of an estate.
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23. On the transfer of part of a recorded estate a new folio shall be opened in respect of such part, and a new land certificate issued; and a suitable entry shall at the same time be made on the folio and map relating to the residue, and on the certificate thereof; or, if the officer shall deem it more convenient, he may cancel the old folio, and open a new one, and issue a new certificate, in respect of the residue of the estate.
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